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Hua Zai's ETH Market Outlook for May 4 Morning
Good morning, family ☀️ Ethereum's early morning rally is strongly linked with Bitcoin, maintaining a bullish three-day rally pattern, with the overall sideways upward trend unchanged.
Weekend trading was light with narrow fluctuations, the price stayed above the 2300 level, and both 4-hour and daily moving averages are steadily trending upward. The dips are just consolidations in the rally, with bulls gathering strength for a breakout.
On-chain funds continue to flow back, combined with Bitcoin's breakout driving Ethereum, leaving plenty of room for subsequent gains. Slight pullbacks are excellent opportunities for long positions, with no signs of trend reversal.
Trading suggestions:
Buy on dips between 2280-2300, gradually add long positions with confidence
Target:
2380-2420
Follow Bitcoin's rhythm closely, steadily capture the rally profits, and enjoy big gains during the holiday.
If short positions are trapped, seek Hua Zai for a solution.
#WCTC交易王PK #美国寻求战略比特币储备 #比特币ETF期权持仓限额增4倍 #DeFi4月安全事件损失超6亿美元 #Polymarket每日热点